Colne Risk Advisory

Overview Cyber Liability insurance is becoming more and more of a focal point over the past few years, however lots of clients and even some in the insurance industry are still not sure as to what it is. Part of the reason to this, as many commentators have said, is that Cyber Liability is an umbrella term which incorporates many areas of cover which aren’t immediately obviously. We have put together this document to hopefully demystify this cover. We will focus on discussing

With the ability for businesses to obtain among others business insurance, public liability and now professional indemnity on line, why would you want to use an insurance broker? Well, we have put together three of the main reasons why we believe it is critical to use an insurance broker: Professionals in their field You wouldn’t undertake your own legal work and more than likely not file your own accounts at the end of the year or manage the marketing of your business yourse

As per our earlier blog posting ‘Professional Indemnity Insurance 101’ one of the ways that a Professional Indemnity Insurance claim can be brought against you is through a breach of the professional duty of care that you owe to your client. So what is your professional duty of care? Anybody who holds themselves out to be a professional has a duty under the law to exercise proper skill and care when they provide professional services. If a professional does not exercise a re

Professional Indemnity insurance is an insurance which many more businesses are becoming exposed to, either as regulatory bodies are requesting it, or clients are demanding businesses have it in place prior to taking on a new contract. So what is it? Colne Risk Advisory have put together the following overview outlining the basics and what some of the key terminology is within the policies. What is Professional Indemnity Insurance In short professional indemnity insurance pro